Nissan Plans 9,000 Job Cuts, Slashes Guidance

Nissan shares slump after it announces 9,000 job cuts and a plan to slash production
Nissan Motor shares slumped 6% in Tokyo trade Friday, a day after the Japanese automaker said it would cut 9,000 jobs and a fifth of its manufacturing capacity as it struggles with sales in China and the United States. On Thursday, Japan’s third-biggest ...
Nissan Plans 9,000 Job Cuts, Slashes Guidance After Loss
The Japanese carmaker is embarking on a turnaround plan that includes cutting global production capacity by a fifth.
Nissan cuts 9,000 jobs and goes into ’emergency’ mode
Nissan is in full-scale emergency mode to save itself: the automaker is cutting 9,000 jobs, slashing production capacity, and selling off its stake in Mitsubishi Motors.
Nissan, Stellantis Announce Job Cuts, Production Decreases
Nissan did not specify if its job cuts will include any U.S. workers, while affected Stellantis employees all work in Ohio.
Automaker Nissan announces restructuring, job cuts as sales fall
Japanese automaker Nissan has announced a major restructuring, including a global reduction of 9,000 jobs, as it grapples with declining vehicle sales and rising costs
Nissan Cuts 9,000 Jobs, CEO Forfeits 50% Pay Amid EV Push
Around 9,000 job cuts are expected at Nissan, about 20% of its global manufacturing capacity, as per the automaker.
Nissan cuts outlook, announces restructuring with 9,000 job cuts
Nissan’s struggle to cope with tougher car industry conditions and address weaknesses within its business has spiraled.
Japanese automaker Nissan cuts 9,000 jobs as its vehicles fail to sell
Nissan is reporting a loss for the latest fiscal quarter as its vehicle sales sank while costs and inventory ballooned.
Nissan announces 9,000 job cuts, slashes sales forecast
Japanese automaker Nissan on Thursday announced 9,000 job cuts as it slashed its annual sales forecast, saying it was taking urgent measures to tackle "a severe situation".
Nissan shares slump after plan to slash jobs, production
Nissan Motor shares slumped 6% in Tokyo trade on Friday, a day after the Japanese automaker said it would cut 9,000 jobs and 20% of its manufacturing capacity as it struggles with sales in China and the United States.
Nissan to Cut 9,000 Jobs and Slash CEO’s Pay Amid Struggles
Nissan Motor Co. plans to lay off 9,000 workers and reduce its global manufacturing capacity by 20 percent, according to Reuters. The Japanese automaker’s restructuring strategy is aimed at trimming $2.
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Nissan's bold overhaul: Job cuts, sales for financial survival
CEO Makoto Uchida announced the company's restructuring plan, which involved tough and painful decisions. The automotive ...
Reuters on MSN5d
Nissan plans 9,000 job cuts, slashes annual profit outlook
TOKYO (Reuters) -Nissan Motor announced a $2.6 billion cost saving plan on Thursday, including 9,000 job cuts and a 20% ...
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Activist-investor Effissimo reveals it has stake in Nissan, FT reports
This reveal comes after Nissan unveiled measures including 9,000 job cuts and the second annual profit downgrade of the year. Published first on TheFly – the ultimate source for real-time, ...
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Tariffs, Trump and a Big Ouch at Nissan: IndustryWeek's Weekly Reads
The conclusion of the Boeing strike, long-lived manufacturing companies and big job cuts at Nissan also attracted ...